Asset Allocation
Private Equity Firms? More Like Private Debt Providers
Lending occupies more and more of PE companies’ attention, per a new PitchBook Report.
Tag: insurance
Newsmakers
Laura Wickström Promoted to CIO of Finnish Pension Insurer Veritas
Wickström was previously deputy CIO of the fund.
Newsmakers
Thomas Leone Appointed CIO of Insurer Sompo
The new officer joins from PartnerRe, effective date: October 1.
Pensions
Entergy Enters $1.2 Billion Pension Risk Transfer with MetLife
The transaction is one of many billion-dollar annuity buyouts to occur this year.
Alternatives
Insurance CIOs See Alternatives Driving Portfolio Returns
There is no “turning back” to traditional asset allocations, according to KKR.
Newsmakers
Juan Bernal Appointed CIO of Insurer MAPFRE
Bernal’s appointment as investment chief of the $40 billion insurance asset manager is effective May 1.
Alternatives
Insurers Flock into Private Debt, Alternatives, Mercer Says
73% of insurers have or plan to make private markets investments in 2024.
Alternatives
Blue Owl Announces $750M Kuvare Acquisition in Latest Insurance Deal
The alternative asset manager plans to create Blue Owl Insurance Solutions following the purchase of Kuvare Asset Management and life and annuity insurance firm Kuvare UK Holdings.
Research
Insurers Increasingly Interested in Private Credit, Per GSAM
Insurers who manage $13 trillion in the Americas and APAC see high returns in private credit, according to Goldman Sachs’ 13th annual global insurance survey.
Research
WTW Predicts Record Year in UK Bulk Annuity Transactions, Longevity Swaps in 2024
These types of transactions are rising, due to an increase in pension funding and the positive outlook on the U.K. insurance sector.
Risk
US Insurers to Embrace Investment Risk, Seek Variety of Fixed, Private, Alternative Investments
American insurers are willing to embrace risk in order to combat perceived market volatility in 2024, according to Conning.
Market Moves
KKR Announces Acquisition of Remaining 37% of Global Atlantic for $2.7B
The private equity giant has owned a majority share since 2021, and the transaction continues a trend of private equity companies buying insurance companies.
Asset Allocation
Insurance Investors Rethink Approaches Near End of 2023
Investors are changing their short-term investing and broader financial operations, according to Clearwater Analytics.
Private Equity Moves Into Insurance: Rewards Are Strong, but So Is Risk
The tiff over Brookfield’s new acquisition underscores the pros and cons.
Risk
How To Vet a Provider’s Cybersecurity Processes
Speakers at CIO’s Cybersecurity livestream offered tips on assessing partners’ defenses that aim to keep hackers at bay.